Press release
Pea Protein Isolate Market Poised for Remarkable Growth, Reveals Meticulous Research®
Pea Protein Isolate Market
Driving this growth is a convergence of factors including heightened awareness surrounding plant-based nutrition, the burgeoning demand for organic ingredients in the Food & Beverage (F&B) sector, and an expanding market for plant-based food alternatives. Additionally, consumers are increasingly recognizing the nutritional benefits offered by pea protein, further fueling market expansion. The burgeoning opportunities in emerging markets present fertile ground for manufacturers of plant-based products, although the pervasive preference for animal-based proteins poses a notable hindrance to market growth.
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The comprehensive study by Meticulous Research® offers a detailed analysis of historical market data spanning 2020 and 2021, current estimations for 2022, and insightful forecasts up to 2029. Segmentation based on source, source process, processing method, form, application, and geography provides a comprehensive view of market dynamics, while competitive analysis and country-level assessments offer valuable insights for industry stakeholders.
Key Market Segments:
Source:
Yellow Peas: Projected to dominate the market owing to its high protein content and myriad health benefits.
Green Peas: Representing a significant market share, driven by its versatility in various F&B applications, notably in alternative meat products.
Source Process:
Conventional Pea Protein Isolate: Primarily favored due to cost-effectiveness, longer shelf life, and abundant crop varieties.
Organic Pea Protein Isolate: Expected to witness substantial growth propelled by increasing consumer preference for organic products and the rising demand for clean label offerings.
Processing Method:
Dry Processing: Leading segment attributed to lower capital requirements and reduced energy consumption.
Wet Processing: Anticipated to grow at a faster pace, enabled by its ability to deliver higher protein content and purity.
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Form:
Powder: Leading form due to ease of handling, cost-effectiveness, and stability maintenance.
Liquid: Witnessing rapid growth driven by demand from the dairy alternative sector and innovative product applications.
Application:
Nutrition & Health Supplements: Largest segment fueled by rising health consciousness and the growing demand for additional nutrition products.
Meat & Alternative Meat Products: Projected to register the highest CAGR, supported by increasing veganism and meat-borne disease awareness.
Geographical Analysis:
North America: Expected to maintain dominance owing to a well-established F&B industry and increasing preference for plant-based alternatives.
Asia-Pacific: Emerging as a lucrative market driven by growing awareness of protein-rich diets and a burgeoning vegan population.
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Key Players:
The global pea protein isolate market is characterized by the presence of key players such as Roquette Frères Le Romain, AGT Food and Ingredients Inc., Cargill, Incorporated, Ingredion Incorporated, Archer-Daniels-Midland Company, E.I. Dupont De Nemours and Company, Glanbia Plc., Cosucra Groupe Warcoing SA, Farbest Brands, Shandong Jianyuan Foods Co., Ltd., The Emsland Group, and Nutri-Pea Ltd.
About Us:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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Meticulous Research®
Email- sales@meticulousresearch.com
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